Friday, Jan 23, 2026: Silver prices in Ahmedabad were quoted at Rs 3,400 for 10 grams, Rs 34,000 for 100 grams, and Rs 3,40,000 for 1 kg, as per the latest city-wise data shared. The city’s pricing remains in line with most major markets today, even as silver is drawing attention globally after a sharp jump in international prices.
Ahmedabad silver rates today (Jan 23)
| Quantity | Rate |
|---|---|
| 10 gram | Rs 3,400 |
| 100 gram | Rs 34,000 |
| 1 kg | Rs 3,40,000 |
Where Ahmedabad stands versus other cities
Ahmedabad is in the same bracket as Mumbai, Delhi, Kolkata, Bangalore, Pune, and Vadodara, all quoted at Rs 3,40,000 per kg. Meanwhile, Chennai, Hyderabad, and Kerala were higher at Rs 3,60,000 per kg, indicating a premium in those markets for the same unit weight.
Global cues keeping silver in focus
Silver prices surged sharply on Friday, rising nearly 3% to trade close to $99 per ounce, as a mix of global macro factors and market positioning pushed the precious metal to new record highs. On the domestic derivatives market, silver futures on the Multi Commodity Exchange (MCX) were trading around Rs 3,35,943 per kg, up 2.6%, tracking strength in international prices.
The rally was supported by a weaker US dollar, a shift toward real assets amid changing US–Europe geopolitical dynamics, and expectations that markets continue to price in two potential rate cuts by the US Federal Reserve later this year. Supply-side constraints, stronger retail participation, and market positioning were also cited as factors amplifying price momentum.
Note: The above silver rates are indicative and may not include GST, TCS and other levies. Actual rates can vary by location and seller.
